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Press Release Q1 – 2020

Credit Agricole Egypt Q1-2020 RESULTS
Net Profit of EGP 443.8Mln

 

 

HIGHLIGHTS ON Q1-2020 RESULTS

  • Net Profit of EGP 443.8 Mln
  • Return on Assets of 3.5%
  • Return on Equity of 30.5%
  • Strong Capital Adequacy Ratio at 18.25%
  • Earning Assets 89% of total Assets
  • Interest Pairing Liability 81% of total Assets
  • Customer Loans portfolio recorded EGP 25.3 Bln
  • Ongoing good quality of assets (NPL at 2.71%)
  • Customer Deposits portfolio recorded EGP 40.3 Bln
  • Gross Loans to Deposit Ratio of 62.9%
  • Total Equity of EGP 6.3Bln

 

Global overview:

Facing the COVID-19 economic crisis context, Credit Agricole Egypt has been fully mobilized to fulfill its
commitments toward staff, customers and community.

To consult the full release, please click here

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